Chifeng Jilong Gold Mining Co Ltd (600988) - Net Assets

Latest as of December 2025: CN¥16.52 Billion CNY ≈ $2.42 Billion USD

Based on the latest financial reports, Chifeng Jilong Gold Mining Co Ltd (600988) has net assets worth CN¥16.52 Billion CNY (≈ $2.42 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥25.15 Billion ≈ $3.68 Billion USD) and total liabilities (CN¥8.63 Billion ≈ $1.26 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Chifeng Jilong Gold Mining Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥16.52 Billion
% of Total Assets 65.68%
Annual Growth Rate 24.5%
5-Year Change 230.26%
10-Year Change 549.69%
Growth Volatility 118.7

Chifeng Jilong Gold Mining Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Chifeng Jilong Gold Mining Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Chifeng Jilong Gold Mining Co Ltd (600988) total assets for the complete picture of this company's asset base.

Annual Net Assets for Chifeng Jilong Gold Mining Co Ltd (2001–2025)

The table below shows the annual net assets of Chifeng Jilong Gold Mining Co Ltd from 2001 to 2025. For live valuation and market cap data, see 600988 market cap.

Year Net Assets Change
2025-12-31 CN¥16.52 Billion
≈ $2.42 Billion		 +54.03%
2024-12-31 CN¥10.72 Billion
≈ $1.57 Billion		 +25.53%
2023-12-31 CN¥8.54 Billion
≈ $1.25 Billion		 +15.31%
2022-12-31 CN¥7.41 Billion
≈ $1.08 Billion		 +48.14%
2021-12-31 CN¥5.00 Billion
≈ $731.81 Million		 +12.56%
2020-12-31 CN¥4.44 Billion
≈ $650.17 Million		 +35.67%
2019-12-31 CN¥3.27 Billion
≈ $479.23 Million		 +15.87%
2018-12-31 CN¥2.83 Billion
≈ $413.61 Million		 -0.14%
2017-12-31 CN¥2.83 Billion
≈ $414.18 Million		 +11.34%
2016-12-31 CN¥2.54 Billion
≈ $372.01 Million		 +16.15%
2015-12-31 CN¥2.19 Billion
≈ $320.29 Million		 +165.99%
2014-12-31 CN¥822.88 Million
≈ $120.41 Million		 +37.83%
2013-12-31 CN¥597.01 Million
≈ $87.36 Million		 +61.84%
2012-12-31 CN¥368.88 Million
≈ $53.98 Million		 +1529.90%
2011-12-31 CN¥-25.80 Million
≈ $-3.77 Million		 +29.09%
2010-12-31 CN¥-36.38 Million
≈ $-5.32 Million		 +28.12%
2009-12-31 CN¥-50.61 Million
≈ $-7.41 Million		 -375.19%
2008-12-31 CN¥-10.65 Million
≈ $-1.56 Million		 -407.66%
2007-12-31 CN¥3.46 Million
≈ $506.57K		 +103.99%
2006-12-31 CN¥-86.75 Million
≈ $-12.69 Million		 -164.42%
2005-12-31 CN¥134.67 Million
≈ $19.71 Million		 -58.71%
2004-12-31 CN¥326.13 Million
≈ $47.72 Million		 +169.61%
2003-12-31 CN¥120.96 Million
≈ $17.70 Million		 +0.79%
2002-12-31 CN¥120.01 Million
≈ $17.56 Million		 +39.81%
2001-12-31 CN¥85.84 Million
≈ $12.56 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Chifeng Jilong Gold Mining Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 27946.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥8.21 Billion 61.17%
Other Components CN¥5.21 Billion 38.83%
Total Equity CN¥13.42 Billion 100.00%

Chifeng Jilong Gold Mining Co Ltd Competitors by Market Cap

The table below lists competitors of Chifeng Jilong Gold Mining Co Ltd ranked by their market capitalization.

Company Market Cap
MARKS SPENCER ADR LS-25
F:MA6A
 $9.25 Billion
Core & Main Inc
NYSE:CNM
 $9.26 Billion
Element Fleet Management Corp
TO:EFN
 $9.26 Billion
Littelfuse Inc
NASDAQ:LFUS
 $9.26 Billion
Lotes Co Ltd
TW:3533
 $9.25 Billion
Jinduicheng Molybdenum Co Ltd
SHG:601958
 $9.24 Billion
Discovery Holdings Ltd
JSE:DSY
 $9.24 Billion
DEUTSCHE WOHNEN ADRS/1/2
F:DWNP
 $9.23 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chifeng Jilong Gold Mining Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 7,916,811,035 to 13,415,188,878, a change of 5,498,377,843 (69.5%).
  • Net income of 3,082,367,791 contributed positively to equity growth.
  • Dividend payments of 304,065,788 reduced retained earnings.
  • Other comprehensive income decreased equity by 418,841,028.
  • Other factors increased equity by 3,138,916,868.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥3.08 Billion +22.98%
Dividends Paid CN¥304.07 Million -2.27%
Other Comprehensive Income CN¥-418.84 Million -3.12%
Other Changes CN¥3.14 Billion +23.4%
Total Change CN¥- 69.45%

Book Value vs Market Value Analysis

This analysis compares Chifeng Jilong Gold Mining Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 5.17x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 176.31x to 5.17x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.22 CN¥38.00 x
2002-12-31 CN¥0.30 CN¥38.00 x
2003-12-31 CN¥0.30 CN¥38.00 x
2004-12-31 CN¥0.82 CN¥38.00 x
2005-12-31 CN¥0.33 CN¥38.00 x
2006-12-31 CN¥-0.22 CN¥38.00 x
2007-12-31 CN¥0.00 CN¥38.00 x
2008-12-31 CN¥-0.03 CN¥38.00 x
2009-12-31 CN¥-0.13 CN¥38.00 x
2010-12-31 CN¥-0.09 CN¥38.00 x
2011-12-31 CN¥-0.07 CN¥38.00 x
2012-12-31 CN¥0.48 CN¥38.00 x
2013-12-31 CN¥0.52 CN¥38.00 x
2014-12-31 CN¥0.97 CN¥38.00 x
2015-12-31 CN¥1.57 CN¥38.00 x
2016-12-31 CN¥1.73 CN¥38.00 x
2017-12-31 CN¥1.91 CN¥38.00 x
2018-12-31 CN¥1.97 CN¥38.00 x
2019-12-31 CN¥2.03 CN¥38.00 x
2020-12-31 CN¥2.46 CN¥38.00 x
2021-12-31 CN¥2.78 CN¥38.00 x
2022-12-31 CN¥3.12 CN¥38.00 x
2023-12-31 CN¥3.75 CN¥38.00 x
2024-12-31 CN¥4.80 CN¥38.00 x
2025-12-31 CN¥7.36 CN¥38.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chifeng Jilong Gold Mining Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 22.98%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 24.39%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 1.87x
  • Recent ROE (22.98%) is below the historical average (203.96%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 36.19% 8.57% 1.35x 3.13x CN¥22.48 Million
2002 28.48% 8.90% 1.35x 2.37x CN¥22.17 Million
2003 25.59% 10.34% 0.90x 2.75x CN¥18.86 Million
2004 4.79% 10.41% 0.24x 1.94x CN¥-17.00 Million
2005 -143.83% -483.46% 0.11x 2.75x CN¥-204.24 Million
2006 0.00% -765.80% 0.23x 0.00x CN¥-212.21 Million
2007 4880.30% 545.64% 0.15x 58.28x CN¥89.87 Million
2008 0.00% -57.22% 0.18x 0.00x CN¥-9.95 Million
2009 0.00% -66.84% 0.27x 0.00x CN¥-9.32 Million
2010 0.00% 20.56% 0.84x 0.00x CN¥17.14 Million
2011 0.00% 0.86% 0.51x 0.00x CN¥4.24 Million
2012 64.49% 41.45% 1.13x 1.37x CN¥201.01 Million
2013 38.20% 39.21% 0.40x 2.44x CN¥168.37 Million
2014 27.81% 26.88% 0.57x 1.81x CN¥146.58 Million
2015 10.83% 14.53% 0.46x 1.61x CN¥17.66 Million
2016 12.99% 15.21% 0.55x 1.55x CN¥73.92 Million
2017 9.96% 10.61% 0.53x 1.76x CN¥-977.71K
2018 -2.03% -2.17% 0.31x 3.08x CN¥-303.20 Million
2019 6.39% 3.10% 0.78x 2.65x CN¥-106.30 Million
2020 19.18% 17.20% 0.63x 1.77x CN¥375.24 Million
2021 12.61% 15.40% 0.47x 1.74x CN¥120.54 Million
2022 8.70% 7.20% 0.36x 3.38x CN¥-67.64 Million
2023 13.07% 11.13% 0.39x 3.04x CN¥188.73 Million
2024 22.29% 19.55% 0.44x 2.57x CN¥972.66 Million
2025 22.98% 24.39% 0.50x 1.87x CN¥1.74 Billion

Industry Comparison

This section compares Chifeng Jilong Gold Mining Co Ltd's net assets metrics with peer companies in the Gold industry.

Industry Context

  • Industry: Gold
  • Average net assets among peers: $24,420,461,109
  • Average return on equity (ROE) among peers: 7.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Chifeng Jilong Gold Mining Co Ltd (600988) CN¥16.52 Billion 36.19% 0.52x $9.25 Billion
Zhongjin Gold Corp Ltd (600489) $12.05 Billion 0.51% 1.29x $18.41 Billion
Shandong Gold Mining Co Ltd (600547) $50.46 Billion 9.90% 2.38x $18.18 Billion
Western Gold Co Ltd (601069) $1.60 Billion 3.81% 0.59x $4.34 Billion
Zijin Mining Group Co Ltd Class A (601899) $33.58 Billion 15.52% 1.01x $100.38 Billion

About Chifeng Jilong Gold Mining Co Ltd

SHG:600988 China Gold
Market Cap
$9.25 Billion
CN¥63.23 Billion CNY
Market Cap Rank
#2364 Global
#292 in China
Share Price
CN¥38.00
Change (1 day)
-2.26%
52-Week Range
CN¥22.85 - CN¥48.00
All Time High
CN¥48.00
Categories
Companies in China Gold
About

Chifeng Jilong Gold Mining Co., Ltd., together with its subsidiaries, engages in the exploration, mining, beneficiation, and sale of gold in China, Southeast Asia, and West Africa. The company explores for gold, zinc, lead, copper, molybdenum, and silver deposits. It is also involved in polymetallic mining; copper smelting; industrial hazardous waste disposal; waste electrical and electronic prod… Read more